Ethiopia: Corporate India finds greener pastures in Africa

Bangalore-based Indian company, Karuturi Global, the world’s largest flower producer, couldn’t get enough land in India to compete with rivals. So the company went to Ethiopia early this year and leased 1,200 square miles of land - larger than the State of Rhode Island - to grow flowers. After a few years, the land will become useless due to heavy use of fertilisers. Millions of Ethiopians are facing food shortage and yet the World Bank-financed dictatorship leases huge tracts of land to foreign agribusiness to grow and export flower, reports the Ethiopian Review.